Student Aid Consolidation has one mission, to assist you with completing the complicated application process involved in reducing or eliminating student loan payments through private student loan consolidation programs offered by private lending institutions and other alternative programs, as well as Federal Student Loan Consolidation Programs offered by the Department of Education. The SAC lender network offers numerous programs that can assist you with easing the strain of private student loan debt, and SAC can assist you with expert document preparation for filing and managing Federal Student Loan Consolidation and Forgiveness Applications with the DOE. Simplifying your finances for student loan debt has never been easier! There is no fee to apply and no obligation upon qualification. Consumers can simply submit a fast and easy online application to request a free consultation with one of our experienced Enrollment Specialist!

What Can SAC Document Preparation Do for You?

If you are seeking expert help to determine various Federal Student Loan repayment options and forgiveness programs, lower your monthly payments, avoid delinquency, or even stop wage garnishment, Student Aid Consolidation can help! Our experienced Enrollment Specialist are experts in the application process, repayment plans offered such as Standard, Graduated, Extended, Income Based, Income Contingent, and Pay As You Earn repayment plans, Forgiveness Programs, as well as preparing and filing the necessary documents to ensure an approval for a Federal Student Loan Consolidation through the DOE! Based on our knowledge and expertise, we GUARANTEE a solution based on each of our client’s specific financial needs!

Applicants can benefit from a properly prepared and filed application in numerous ways:

Repayment Plans

Standard Repayment – Payments are a minimum of $50 per month for a term anywhere between 10-30 years in most cases based upon total education indebtedness.

Graduated Repayment – Payments start out a minimum amount that will at least be equal to the amount of interest your loan will accrue monthly. Payments start out low and increase every 2 years throughout a term of 10-30 years until the loan is paid in full based upon total education indebtedness.

Extended Repayment – If eligible, your repayment term will be extended to either 15, 20, 25, or 30 years under a Standard or Graduated Repayment based upon total education indebtedness.

Income Contingent Repayment – Payments are determined based on adjusted gross income and family size. Payments are set annually based on your previous year’s adjusted gross income and family size under a maximum term of 25 years. Payments are based off of 20% of your annual discretionary income. Any remaining balances unpaid after 25 years is forgiven.

Income Based Repayment – Payments are determined based on adjusted gross income and family size. Payments are set annually based on your previous year’s adjusted gross income and family size under a maximum term of 25 years. Payments are based off of 15% of your annual discretionary income. Any remaining balances unpaid after 25 years is forgiven.

Pay As You Earn Repayment – Payments are determined based on adjusted gross income and family size. Payments are set annually based on your previous year’s adjusted gross income and family size under a maximum term of 20 years. Payments are based off of 10% of your annual discretionary income. Any remaining balances unpaid after 20 years is forgiven.

Federal Loan Forgiveness Programs

The Federal Government has introduced many student loan debt forgiveness plans:

Income Driven Forgiveness Programs – Eligible applicants can take advantage of loan forgiveness after 20 or 25 years of repayment under certain repayment plans.

Teacher Forgiveness Programs – Teachers can apply to have up to $17,500 of student loan debt forgiven after 5 years of payments for eligible loans and loan programs.

Public Service Loan Forgiveness Programs – Public service employees, for example, Teacher, Nurses, & Government employees working for Non-Profit employers can qualify to for loan forgiveness after 10 years of payments for qualified loans and repayment plans.

Our experienced Enrollment Specialist are available to provide you with a free consultation regarding the many forgiveness programs that you may be eligible for, determine if you meet the guidelines to qualify, as well as assist with preparing and filing the necessary documentation needed in order to qualify for eligible repayment plans for loan forgiveness!

Do You Need Help Consolidating Private Student Loans?

If so, the Student Aid Consolidation lender network offers numerous programs that can assist you with easing the strain of private student loan debt. If you are seeking help to determine various private student loan consolidation repayment options or other alternative programs, lower your monthly payments, avoid delinquency, or even prevent or stop wage garnishment, Student Aid Consolidation can assist with connecting you with lenders and financial institutions that can help you qualify for private student loan programs that meet your specific needs!

What Can the SAC Lender Network Do for You?

Through the Student Aid Consolidation lender network, there are many options for you to consider that can assist you with lowering your monthly payment and/or avoid delinquency through consolidation or other alternative programs. Our experienced Enrollment Specialist can provide you with an initial consultation in order to determine potential options that you may have available as well as connect you with a lender or financial institution that can help you with qualifying for a program that will suit your needs.